Yes, Apple Cash does charge a fee when you send money. For Apple Cash transactions, Apple charges 3% of the transaction amount if you use a credit card and 1% if you use a debit card. Additionally, there may be fees associated with your bank account, so it’s best to check their terms and conditions before making a transaction.

What are the cons of Apple Pay cash?

One of the main drawbacks of using Apple Pay Cash is that it charges a fee of 3% for all payments over $10. Additionally, Apple doesn’t allow users to transfer money to a bank account, so users must use Apple Pay Cash to send money to someone else or pay for goods and services. Furthermore, some merchants may not accept Apple Pay Cash as a form of payment, so it’s important to check first before making a purchase. Lastly, Apple Pay Cash does not offer rewards or cash back for purchases.

How do I avoid Apple Pay fees?

To avoid Apple Pay fees, you need to use an Apple Pay-approved payment processor. Look for a processor that offers a low flat rate or a tiered pricing structure. Additionally, some processors offer discounts for Apple Pay transactions, so be sure to check those out as well. You can also look into using a third-party payment processor such as Stripe or Braintree, which offer lower Apple Pay fees. Finally, you can look into using a merchant account, which will allow you to set your own Apple Pay fees.